British Velvets Limited in Burnley, BB11 5TY

Description

Data updated on: 01-11-2023

00547526 is a registration number of British Velvets Limited. This company was registered as a Private Limited Company on 7th April 1955. This company has been present on the market for sixty nine years. The enterprise could be contacted at Unit 1 Farrington Place Rossendale Rd Ind Est in Burnley. The headquarters' area code assigned to this location is BB11 5TY. This company known today as British Velvets Limited, was previously registered under the name of K.raymakers & Sons. The transformation has taken place in 28th August 2002. This enterprise's SIC code is 13200 and has the NACE code: Weaving of textiles. The company's latest financial reports describe the period up to 2022-12-31 and the latest confirmation statement was released on 2023-10-04.

Considering the company's growth, it was vital to acquire extra executives: Gregor W., Marinus O. and Keith P. who have been assisting each other since June 2023 for the benefit of the following company. To support the directors in their duties, this specific company has been utilizing the expertise of Marinus O. as a secretary since 2006.

Previous company's names
British Velvets Limited 2002-08-28
K.raymakers & Sons Limited 1955-04-07

Financial data based on annual reports

Profit & Loss
Date of Accounts	2017-12-31	2018-12-31	2019-12-31	2020-12-31	2021-12-31	2022-12-31	2023-12-31
Currency

Balance Sheet
Cash Bank On Hand	278 077	319 303	239 115	767 058	562 504	190 963	189 551
Current Assets	2 083 047	2 023 926	2 084 380	1 677 444	1 832 845	1 456 008	1 461 341
Debtors	1 332 739	1 229 514	1 307 637	526 483	749 075	823 641	740 377
Net Assets Liabilities	1 633 224	1 593 852	1 520 097	1 285 098	1 313 917	1 325 494	823 336
Other Debtors			71 123	55 270	48 944
Property Plant Equipment	361 073	339 841	321 558	295 172	277 542	264 524	31 655
Total Inventories	472 231	475 109	537 628	383 903	521 266	441 404	531 413

Other Financial Data
Accrued Liabilities					53 659	34 642	14 753
Accrued Liabilities Deferred Income	29 939	12 652	38 013	25 650	53 659
Accumulated Depreciation Impairment Property Plant Equipment	416 123	441 787	472 570	504 136	486 783	492 214	437 621
Additions Other Than Through Business Combinations Property Plant Equipment		8 297	12 500	5 180	17 717	4 969	6 043
Amounts Owed By Group Undertakings	553 764	514 515	505 929
Amounts Owed By Related Parties			505 929	11 065	5 530	6 780	29 393
Amounts Owed To Group Undertakings	543 819	536 625	522 057	120 313	457 998
Amounts Owed To Related Parties					457 998	24 179	495 456
Average Number Employees During Period			17	16	16	14	14
Bank Borrowings Overdrafts				180 000
Creditors	802 695	761 992	837 736	180 000	732 322	334 460	669 660
Disposals Decrease In Depreciation Impairment Property Plant Equipment						-12 555	-71 672
Disposals Property Plant Equipment						-12 555	-293 505
Further Item Debtors Component Total Debtors							45 649
Future Minimum Lease Payments Under Non-cancellable Operating Leases		224 930	137 846	82 344	528 955	398 435	316 413
Increase From Depreciation Charge For Year Property Plant Equipment		29 057	30 783	31 566	31 778	17 986	17 079
Minimum Operating Lease Payments Recognised As Expense					72 581	101 877	124 389
Net Current Assets Liabilities	1 280 352	1 261 934	1 246 644	1 220 400	1 100 524	1 121 548	791 681
Number Shares Issued Fully Paid		50 500			50 500	50 500	50 500
Other Creditors	5 770	4 901	4 779	4 729	4 480	8 949	4 562
Other Disposals Decrease In Depreciation Impairment Property Plant Equipment		3 393			49 131
Other Disposals Property Plant Equipment		3 865			52 700
Par Value Share		1				1	1
Prepayments					48 945	91 897	104 496
Prepayments Accrued Income	59 217	71 169	71 123
Property Plant Equipment Gross Cost	777 196	781 628	794 128	799 308	764 324	756 738	469 276
Provisions For Liabilities Balance Sheet Subtotal	8 201	7 923	48 105	50 474	64 148	60 578
Taxation Social Security Payable					161 328	211 384	105 524
Total Assets Less Current Liabilities	1 641 425	1 601 775	1 568 202	1 515 572	1 378 065	1 386 072	823 336
Trade Creditors Trade Payables	75 421	60 028	58 484	61 146	54 858	55 306	49 365
Trade Debtors Trade Receivables	719 758	643 830	730 585	460 148	694 602	724 964	560 839